(Bloomberg) — Credit Suisse Group AG shares plunged and credit default swaps were near a distressed level after its biggest shareholder ruled out any additional support. Most Read from Bloomberg...
Tag: Rout
Charles Schwab CEO Bought $3 Million In Company’s Stock Amid Rout
Topline Charles Schwab’s CEO Walter Bettinger bought 50,000 shares of his financial services firm’s stock at Tuesday’s market open, Bettinger told CNBC, the latest high-profile stock purchase among fi...
BTC, ETH backtrack losses- Is crypto rout from U.S. bank collapses truly over
U.S. regulators offer a bailout to customers affected by SVB and Signature bank collapses. Will there be alternatives to these crypto-friendly banks and their payment systems to provide liquidity? Bit...
DAI Depegs as Stablecoin Rout Plagues Crypto
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Bitcoin Falls Below $20,000 Amid Wider Crypto Market Rout ⋆ ZyCrypto
Advertisement     Bitcoin recoiled sharply towards Friday, plunging to levels last seen in January as the ongoing inflationary and regulatory pressures on the industry...
BYD’s $18 Billion Rout Shows Fallout of Tesla Price War in China
(Bloomberg) — A price war among electric vehicle makers in China is taking a toll on even the most resilient players, as evidenced by BYD Co.’s staggering $18 billion drop in the past month. Mos...
A Second-Half Stock-Market Rally Is Still in Play Despite Rout
(Bloomberg) — Stock-market believers are looking past the roughest stretch in months for US equities and clinging to bets on a rally in the back half of the year once the Federal Reserve stops h...
Investors Stung by Treasuries Rout Brace for Next Blow From Fed
(Bloomberg) — A swift reassessment of how high the Federal Reserve will raise interest rates this year has rocked the bond market in recent weeks. Now, the market faces a bigger threat: the grow...
Stock Bearing the Brunt of Adani Rout Is at Risk of More Losses
(Bloomberg) — Adani Group stocks have seen more than $132 billion of market value wiped out since the explosive Hindenburg Research report, but none is hit as bad as Adani Total Gas Ltd. Most Re...
Adani Maps Comeback Strategy After $132 Billion Hindenburg Rout
(Bloomberg) — Almost a month after a bombshell short seller report lopped off $132 billion in market value from Gautam Adani’s empire, the Indian billionaire has hired top-shelf US crisis commun...
Adani Stock Rout Resumes as MSCI Says It’s Reviewing Free Float
(Bloomberg) — Adani Group stocks slipped in early trading, ending a two-day reprieve, after MSCI Inc. said it was reviewing the amount of shares linked to the group that were freely tradable in ...
Adani Stock Rout Enters Third Week as Flagship Shelves Bond Sale
(Bloomberg) — The stock rout in Gautam Adani’s indebted conglomerate entered a third week as its flagship firm suffered a fresh fundraising setback and a major credit rating agency downgraded th...
Adani Rout Erases Half of Group Value Since Hindenburg Report
(Bloomberg) — Pressure mounted for Indian billionaire Gautam Adani to quickly address concerns over his conglomerate’s financial health as a brutal stock rout wiped out more than half of the val...
Boris Johnson’s younger brother just resigned from an Adani-linked investment bank after a $100 billion stock rout amid claims of a shady offshore account
Lord Jo Johnson, younger brother of former British Prime Minister Boris Johnson, has bowed out of a high-profile role with a global investment bank that reportedly has links to the Adani empire. Since...
Adani Drops To Third Richest In Asia After Stock Market Rout Knocks Off Another $12 Billion From His Fortune
Topline India’s Gautam Adani slipped one more spot to third on the list of Asia’s richest people after shares in his group’s listed companies continued to nosedive on Thursday while they attempt to pu...
Adani Rout Passes $80 Billion as Stock Sale Fails to Stems Doubt
(Bloomberg) — The crisis of confidence plaguing Gautam Adani is deepening, with the stock rout triggered by Hindenburg Research’s fraud allegations erasing a third of the market value in his gro...
Adani Rout Continues Despite Key Investor Support
(Bloomberg) — Adani Group’s stock market slump entered its fourth session with losses widening to $74 billion, as a short seller’s fraud allegations continued to haunt the Indian conglomerate de...
Adani Group Stocks Plunge, Extending Rout After Hindenburg Report
(Bloomberg) — Shares of Adani Group’s companies have lost more than $30 billion in market value in less than two sessions, as a selloff sparked by US short seller Hindenburg Research’s scathing ...
Tesla Stock-Price Rout Overshadows Rivian, Lucid Collapses
(Bloomberg) — While Tesla Inc.’s epic stock-price collapse dominated headlines over the past year, for some smaller electric-vehicle companies the rout has been even worse, a sign that investors...
Riot Blockchain Rebrands to Riot Platforms Amid Mining Rout
Bitcoin miner Riot Blockchain has changed its name to Riot Platforms to reflect a more diversified business. In a press release, the company announced that despite the name change, it would continue t...
After $18 Trillion Rout, Global Stocks Face More Hurdles in 2023
(Bloomberg) — More tech tantrums. China’s Covid surge. And above all, no central banks riding to the rescue if things go wrong. Reeling from a record $18 trillion wipeout, global stocks must sur...
OKB Prints Bullish Growth Amid Broader Market Rout
Godfrey Benjamin OKB coin is up 3.42% to $23.80 as broader crypto market sees freefall The cryptocurrency ecosystem is experiencing a new bearish wave as the combined crypto market capitalization has ...
Tesla stock’s biggest bull is now pounding the table after rout
Long-time Morgan Stanley Tesla (TSLA) bull Adam Jonas really loved the stock 70% higher than it is today, so it’s unsurprising to see him doubling down on the tanking EV maker’s stock ahea...
Investors Call Time on FAANG Stock Dominance After Nasdaq’s Rout
(Bloomberg) — For some investors, this year’s rout in high-flying technology stocks is more than a bear market: It’s the end of an era for a handful of giant companies such as Facebook parent Me...
CHZ, ALGO, LDO, ETHW and NEAR Lead Crypto Market Rout
BeInCrypto takes a look at five projects that decreased the most from the entire crypto market last week, more specifically, from Nov. 18 to Nov. 25 These digital assets have taken the crypto news and...
Tesla stock bear surprises with upgrade after $600 billion rout
Tesla stock woes have caught the attention of one noted Wall Street bear on the EV maker. Citi analyst Itay Michaeli upgraded his rating on Tesla to Neutral from Sell on Wednesday, viewing the company...
Rout of Carvana, the ‘Amazon of Used Cars,’ Has No End
Concerns are mounting around Carvana, the “Amazon of used cars.” The company was an investor darling during the pandemic. They hailed the new economy that wanted consumers to buy everythi...
Carvana Stock Rout Hits 97% This Year With Used-Car Prices Crumble
(Bloomberg) — Online car dealer Carvana Co.’s shares tumbled to an all-time low as investors grow more concerned about the continuing decline in used-vehicle prices. Most Read from Bloomberg The...
Swedish Housing Is Now in the Worst Rout Since the 1990s
(Bloomberg) — Sweden’s home-price decline accelerated in October, as the Nordic country gripped by the most severe housing slump in three decades shows what may lie ahead for many other develope...
Oil Rout Intensifies As China Cuts Oil Purchases
The selloff in oil continued on Friday, with WTI prices falling more than 5% as China reportedly asked the Saudis to ship less crude in December. Oilprice Alert: This week’s Global Energy Alert ...
Dollar Is Still King for Strategists Looking Beyond Rout
(Bloomberg) — The dollar has notched up its worst week since the early days of the Covid pandemic, but analysts think a long-running stampede for the greenback might not be over just yet. Most R...
Solana Validators Unstake Over 31 Million SOL Tokens Amid Price Rout ⋆ ZyCrypto
Advertisement     According to Solana Compass data from the Solana blockchain explorer, the network has just seen over 31.2 million SOL tokens (worth around $438 milli...